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Business Digest

Airline lands €23m boost

NORWEGIAN AIR, which is setting up a low-cost, long-haul business from Dublin,
has pumped $25m (€23m) into its Irish operation. The investment in Norwegian
Air International was made in late December, filings show. The company, run
by Bjorn Kjos, lost $99m in 2014 but is seeking deals with other airlines
and has predicted future profits.

Uniphar takeover cleared

DRUG wholesaler Uniphar has been given the go-ahead to acquire 28 Allcare
pharmacies, bulking up the group before a possible flotation. The
Competition and Consumer Protection Commission cleared the
takeover of Lindchem, a pharmacy holding group whose shareholders include
businessmen Tony McEntee and Andy Sharkey. Lindchem made €3.4m profit in
2014 and had bank debt of €6m at the end of that year. Uniphar, which has
sales of more than €1bn, has been targeting acquisitions to boost its
profits.